The
Republican's favorite talking point is that, under a Republican
administration, Americans of all economic stripes can expect to do
well and advance into retirement age with a nice, sensible nest egg.
All the middle class has to do is sit back and enjoy the benefits of
financial policies that are, at base, designed to benefit rich
people, and they will bathe in a shower of trickling down financial
benefit, jumping into old age with the safety and security of a bank
account made more robust by good financial times and solid, solvent
programs like Medicare and Social Security (never mind that these are
really socialist-style programs that were put in place by Democrats
and would be condemned by Republicans if they thought they could get
away with it).
The
truth, in 2019, heading into a presidential election year, is
beginning to look a little different. For one thing, despite the
Republican insistence that everyone is doing just fine, that the
economy is soaring and everyone is living the life they dreamed of,
the reality for most in the middle class is very different. At the
bottom of the economic ladder, we find a homelessness crisis unlike
any in the history of the United States. In one city alone, Los
Angeles, there are nearly 60,000 men, women and children living in
tents or on the street, unable to afford rent in a city that was once
famous for affordable housing.
While
it's true that Trump has continued the economic policies that Obama
set in motion so that the numbers are still positive (as of this
writing, 2019, unemployment is at a record low) the fact is that
wages have not kept up with expenses and most people who aren't
wealthy or super-wealthy are struggling to make their monthly
payments. Republicans don't address THAT side of the economy because
it puts their rosy outlook on the grill. (38.)
And
what of those “socialist” policies that Americans, including
Republicans, look forward to collecting in old age – Medicare and
Social Security. Both programs have been under threat for some years;
there is simply not enough money in the treasury to guarantee that
these programs will remain solvent into the future, and when
Republicans repudiate their own policy of lowering the national debt
(Republicans used to wave this issue at Democrats on a regular basis)
they are putting these programs into more jeopardy. As the national
debt rises and as taxes are lowered by trillions of wealthy dollars,
there may not be enough money to fund these necessary programs in the
years to come.
Wonder
why more and more senior citizens are straying from the “safety”
of Republican economics?